Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.13B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.18B |
| 3 |
Apple
AAPL
|
+$836M |
| 4 |
Alibaba
BABA
|
+$807M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$566M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$429M |
| 2 |
Boeing
BA
|
+$402M |
| 3 |
Coty
COTY
|
+$284M |
| 4 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$104M |
| 5 |
Qualcomm
QCOM
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.82% |
| 3 | Communication Services | 1.65% |
| 4 | Financials | 1.34% |
| 5 | Healthcare | 1.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
CALL
Avis
CAR
$4.9B
| $6.25M | ﹤0.01% |
177,700
+800
| +0.5% | +$26.8K |
|
|
BPL
2402
DELISTED
Buckeye Partners, L.P.
BPL
| $6.24M | ﹤0.01% |
152,008
+69,895
| +85% | +$2.64M |
|
2403
PUT
iShares US Healthcare Providers ETF
IHF
$1.27B
| $6.24M | ﹤0.01% |
182,000
+112,500
| +162% | +$3.74M |
|
2404
CALL
Aptiv
APTV
$10.3B
| $6.23M | ﹤0.01% |
77,100
-22,200
| -22% | -$1.76M |
|
|
SEE
2405
CALL
DELISTED
Sealed Air
SEE
| $6.22M | ﹤0.01% |
145,500
-961,700
| -87% | -$42.3M |
|
2406
Brighthouse Financial
BHF
$3.46B
| $6.22M | ﹤0.01% |
169,615
+138,689
| +448% | +$5.36M |
|
2407
CALL
Fortive
FTV
$18.6B
| $6.22M | ﹤0.01% |
120,994
-90,706
| -43% | -$4.71M |
|
|
AMJ
2408
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $6.22M | ﹤0.01% |
247,700
-7,700
| -3% | -$194K |
|
|
AVP
2409
CALL
DELISTED
Avon Products, Inc.
AVP
| $6.22M | ﹤0.01% |
1,602,700
+614,100
| +62% | +$2.05M |
|
|
VRNT
2410
PUT
DELISTED
Verint Systems
VRNT
| $6.22M | ﹤0.01% |
226,923
+28,267
| +14% | +$850K |
|
2411
CALL
GATX Corp
GATX
$6.23B
| $6.22M | ﹤0.01% |
78,400
-12,600
| -14% | -$958K |
|
2412
Iridium Communications
IRDM
$5.23B
| $6.21M | ﹤0.01% |
267,057
+78,339
| +42% | +$1.95M |
|
2413
CALL
Werner Enterprises
WERN
$2.2B
| $6.2M | ﹤0.01% |
199,600
+188,700
| +1,731% | +$6.09M |
|
2414
Entegris
ENTG
$22B
| $6.19M | ﹤0.01% |
+165,899
| New | +$6.29M |
|
2415
Nucor
NUE
$62.5B
| $6.17M | ﹤0.01% |
111,976
+88,741
| +382% | +$4.88M |
|
2416
CALL
Rogers Corp
ROG
$2.29B
| $6.16M | ﹤0.01% |
35,700
+28,600
| +403% | +$4.66M |
|
|
CYOU
2417
PUT
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $6.16M | ﹤0.01% |
640,800
+629,600
| +5,621% | +$9.71M |
|
2418
Agios Pharmaceuticals
AGIO
$1.95B
| $6.16M | ﹤0.01% |
+123,430
| New | +$6.6M |
|
|
LKFT
2419
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.76B
| $6.15M | ﹤0.01% |
47,700
+22,500
| +89% | +$2.67M |
|
|
MGLN
2420
PUT
DELISTED
Magellan Health Services, Inc.
MGLN
| $6.15M | ﹤0.01% |
82,800
+62,000
| +298% | +$4.17M |
|
2421
Chemours
CC
$2.2B
| $6.14M | ﹤0.01% |
255,730
+246,122
| +2,562% | +$7.25M |
|
2422
CALL
Live Nation Entertainment
LYV
$43B
| $6.13M | ﹤0.01% |
92,500
-5,400
| -6% | -$347K |
|
2423
CALL
Adtran
ADTN
$622M
| $6.13M | ﹤0.01% |
401,700
+300,300
| +296% | +$4.79M |
|
2424
Waste Management
WM
$90.6B
| $6.13M | ﹤0.01% |
+53,101
| New | +$5.76M |
|
|
ZNGA
2425
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $6.12M | ﹤0.01% |
997,600
-1,906,200
| -66% | -$11.2M |
|
Similar funds
Susquehanna International Group's Q2 2019 Portfolio in Review
As of Q2 2019, Susquehanna International Group held 11,369 positions worth $275B, up 13% from $243B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $25.4B of net new capital in Q2 2019, opening 2,651 new positions and adding to 3,766 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 1.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $429M trimmed.
- Susquehanna International Group's largest Q2 2019 buy was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
- Susquehanna International Group added most to Alphabet (Google) Class A in Q2 2019, an estimated $1.18B increase.
- Susquehanna International Group's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $429M.
- Susquehanna International Group fully exited Goldcorp Inc in Q2 2019, selling an estimated $26.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $275B portfolio in Q2 2019.
- Susquehanna International Group opened 2,651 new positions and closed 1,221 in Q2 2019.
- Susquehanna International Group's portfolio value rose 13% quarter-over-quarter to $275B.
Based on Susquehanna International Group's 13F filing for Q2 2019, filed 14 Aug 2019.